The best options for investors are often the ones least researched or understood by the market. This time last week Tempus highlighted microcaps as one example; Chinese tech or consumer shares are also not often followed and can prove to be profitable, if volatile, investments.
This is what Pacific Horizon Investment Trust specialises in. About 60 per cent or more is in that high-tech and consumer space, including the largest two — Alibaba, China’s biggest e-commerce business, and Tencent, which provides mobile phone services. Just behind these is JD.com, the country’s second-biggest e-commerce outfit.
In all, about 40 per cent of the fund at the last count is in China and Hong Kong and about a quarter in South Korea. Japan, as a more developed